As you can see - this pair is testing the trendline again and is clearly in a downtrend on weekly&daily bases. However, I wouldn't not like to short that one here as the trendline has been tested quite many times and its value is questionable.
But if we should see a break to the upside, I would really be intereted in the area between 1.6100&1.6200.
But if we should see a break to the upside, I would really be intereted in the area between 1.6100&1.6200.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.